**SpaceX could create the next PayPal Mafia**
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SpaceX's IPO raised **$75B** and turned an estimated **4,400 current and former employees into millionaires**. For comparison, Google and Facebook each created around **1,000** employee millionaires when they went public.
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That money is already spilling back into startups. At least **147 companies** have been founded by former SpaceX employees, and thousands more now have the capital to start companies or write angel checks.
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There is a familiar precedent. Elon Musk launched SpaceX after PayPal sold to eBay for **$1.5B**. The group that emerged from PayPal later built companies including LinkedIn and Palantir, while also creating Founders Fund.
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SpaceX generated **$18.7B in 2025 revenue**, up **305% in 3 years**. Its IPO may end up doing more than creating liquidity for shareholders. It could seed a new generation of founders and early-stage investors across Silicon Valley.

 [@venture](https://t.me/venture)